Cash Vital to Pull Trigger When Liquidity Mayhem Hits, Rick Rule Doubles Down
Stansberry Research, Released on 11/12/21
Causes of inflation have been in place for five to six years, where quantitative easing has been debasing the dollar, says Rick Rule, founder and CEO of Rule Investment Media. "I don't in the near-term see a stock market crash," he tells our Daniela Cambone, "with lots of cash on the sidelines in a strong economy."
Rule believes that gold and cryptocurrencies are complementary asset classes, saying "there's lots of room for both of them."
He details why the true threat to gold is, "probably the S&P 500." Rule concludes the importance of storing liquidity and predicts a forthcoming confidence crisis, urging the investor "to decide for themselves if they want to be a profiteer or victim."
Rick Rule, founder and chairman of Sprott Global Resource Investments Ltd., began his career in the securities business in 1974. He is a leading American retail broker specializing in mining, energy, water utilities, forest products and agriculture. His company has built a national reputation on taking advantage of global opportunities in the oil and gas, mining, alternative energy, agriculture, forestry and water industries. He is also the founder of Rule Investment Media.
Cash Vital to Pull Trigger When Liquidity Mayhem Hits, Rick Rule Doubles Down added by Herman James on 11/12/2021View all posts by Herman James ?+'